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Venezuela 1/2, 1, 2, and 5 Bolivares  1879 to 1936
Venezuela 1/2, 1, 2, and 5 Bolivares 1879 to 1936

During his lifetime, Simon Bolivar led Bolivia, Colombia, Ecuador, Panama, and Venezuela to independence from Spain. He helped lay the democatic foundations of much of Hispanic America. Most of these countries celebrate Bolivar on their coinage, but Venezuela does one better than that -- they name their coin denominations after him!

Venezuela has been minting coins like these in silver since 1873. There are many variations, and many of the variations have Simon Bolivar on the front. This page applies only to coins with the pattern in our picture (shield with leaves and ribbon) on the back. We have another page (click here) that cover centavos denominations before 1879.

These coins have taken on good numismatic (coin collector) value, especially for coins dated before 1925. After 1936 the composition changed from silver to nickel.

The coins in 1/2, 1, 2, and 5 bolivar denominations all look very similar to each other, but the size is different. There are 10 and 20 bolivar denominations minted in gold, and the portrait looks right instead of left. This page applies to silver bolivares only.

Below we present a summary of approximate catalog values for coins dated 1879 to 1936. These are catalog values, and must be properly interpreted using the tenets outlined on our Important Terminology page. Be sure to read our terminology page; you can not figure a coin's value without it. For reference, the coin in our picture grades about halfway between 'worn' and 'average circulated.'

1/2 BOLIVAR, GR 2.5, 17 mm diameter, 0.067 troy ounces silver
worn: $20 US dollars approximate catalog value
average circulated: $50
well preserved: $200
fully uncirculated: $500
coins dated after 1911 and before 1919 are worth less than these figures, about 1/3 the value
coins dated after 1918 are worth about 1/5 these values
coins dated 1888 catalog at $600 in average circulated condition
coins dated 1889 catalog at $4000 in average circulated condition

1 BOLIVAR, GR 5, 22 mm diameter, 0.134 troy ounces silver
worn: $30 US dollars approximate catalog value
average circulated: $70
well preserved: $200
fully uncirculated: $600
coins dated after 1902 and before 1924 are worth less than these figures, about 1/4 the value
coins dated after 1923 are worth very little, about $3 in average circulated condition
coins dated 1887, 1888, and 1889 catalog around $400 in average circulated condition

2 BOLIVARES, GR 10, 27 mm diameter, 0.269 troy ounces silver
worn: $30 US dollars approximate catalog value
average circulated: $70
well preserved: $200
fully uncirculated: $850
coins dated after 1903 and before 1914 are worth less than these figures, about 1/3 the value
coins dated after 1913 (except 1930) are worth small amounts, about $8 in average circulated condition
coins dated 1886, 1888, and 1889 catalog at $250 in average circulated condition
coins dated 1930 are somewhat scarce and catalog at $15 in average circulated condition

5 BOLIVARES, GR 25, 29 mm diameter, 0.723 troy ounces silver, catalog as follows (BV is base value, i.e., value due to silver content alone):

5 BOLIVARES 1879 TO 1905
worn: $30 US dollars approximate catalog value
average circulated: $50
well preserved: $250
fully uncirculated: $1000

5 BOLIVARES 1910
worn: $20 US dollars approximate catalog value
average circulated: $90
well preserved: $450
fully uncirculated: $800

5 BOLIVARES 1911 TO 1919
worn: BV
average circulated: BV + $5
well preserved: $60
fully uncirculated: $250

5 BOLIVARES 1920 TO 1936
worn: BV
average circulated: BV
well preserved: BV + $10
fully uncirculated: BV + $40

Coin: 6513 , Genre: Colonizers and Colonies
Requested by: james, Sun, 09-Jan-2011 03:49:53 GMT
Answered by: Paul, Mon, 22-Apr-2013 12:16:24 GMT
Reviewed by CoinQuest. Appraisal ok., Mon, 16-Mar-2015 14:22:35 GMT
Requester description: 1924 it has a head facing left and it says bolivar libertador below the head it has the letters BARRE on the other side it says estados unidos de venezula and gram .5 1924 LEI 835 and a shield with a wreath like thing in the middle there is a running horse on the shield.
Tags: venezuela 1 2 5 bolivares bolivar venezula devenezuela head libertador liberator letters letter barre estados unidos de gram lei shield wreath running run horse leters lettering lettered estado estrados sheild shiled shied chevrons shileld shild escucheon shelid chevron ashield shields greenery wreathed rief reif reef wreathe wreat garland wreth wreah wreaths runs pony horsehead hores horseback horses stallion ribbon leaves leaf coat arms leafs leave leaved leafed leafy leavs coats crests insignia crested crest creast

Comments

Is the 12$ value added to the bullion value for the 5 bolivares minted after 1910? Or is it the case that these coins are only worth their silver content? - ted
Thanks for the question, Ted. We made the page more explicit. - CoinQuest (Paul)

Messrs. CoinQuest wonderful page that will help me on the importance and estimate my collection of Venezuelan currency price. I have the complete collection of currency Bs 5 silver. Mint years: 1876, 1879, 1886, 1887, 1888, 1889, 1900, 1901, 1902, 1903, 1904, 1905, 1910, 1911, 1912, 1919, 1921, 1924, 1926, 1929, 1935 and 1936 - Raquel Ghinaglia
Impressive collection! - CoinQuest (Paul)

  

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